New York – U.S. private equity fund-raising fell to $45.1
billion during the first half of 2010, down 26% from the same period last year,
according to a new report from Dow Jones LP Source.
The number of funds raising
capital remained the same at 198.
"The absence of mega buyouts, which
drove private equity fund-raising to new peaks a few years ago, is now keeping
the total capital raised at lower levels," said Jennifer Rossa, the
managing editor of Dow Jones Private Equity Analyst.
"However, the number
of funds that attracted commitments was stable over last year, signaling a
recovery of sorts."